Deep Tide TechFlow message: On April 16, according to official data, JST burned 271 million units of $JST in this single burn, worth approximately $21.3 million, accounting for 2.74% of the current total supply. Meanwhile, the treasury reserves have already exceeded the $100 million mark, providing a solid safeguard for the continued advancement of the deflationary process. All buyback and burn funds come from real revenue generated by the protocol under the agreement, thereby establishing an automated deflationary closed-loop system in which buybacks and burns operate continuously, driven by actual earnings. This marks $JST steadily moving toward an economic model that is ongoing, endogenous, and long-term sustainable.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin